Hapag-Lloyd acquiring stake in Italian logistics company

German container shipping line Hapag-Lloyd announced Thursday it is acquiring a 49% stake in Italian logistics company Spinelli Group. 

The Spinelli family will retain a majority stake of 51%, according to Hapag-Lloyd. 

“The parties have agreed to not disclose any financial details of the deal,” the four-sentence announcement said. “The completion of the transaction is subject to the approval of the responsible antitrust authorities, which is expected within the next months.” 

The nearly...

https://www.freightwaves.com/news/hapag-lloyd-acquiring-stake-in-italian-logistics-company

Belledune, Wilhelmshaven ports partner up on clean fuels, green energy

Canada’s Belledune Port Authority (BPA) has signed a memorandum of understanding (MOU) with Niedersachsen Ports Wilhelmshaven, Germany, to collaborate on the movement of dry and liquid bulk commodities, and manufactured products, between Canada and Germany, with a focus on clean fuels and green...

https://www.offshore-energy.biz/belledune-wilhelmshaven-ports-partner-up-on-clean-fuels-green-energy/

Hapag-Lloyd CEO: ‘We are probably in the peak of the problems’

Congested ports. Clogged supply chains. Capacity shortages.

Much of Hapag-Lloyd CEO Rolf Habben Jansen’s third-quarter overview had a familiar refrain, one likely to be heard again after the fourth quarter. 

But there were two topics Habben Jansen did not expound upon: the buckets of money the ocean carrier likely raked in during the third quarter and the recent investment in a German port.

Hapag-Lloyd is scheduled to release its third-quarter figures Nov. 12, and Habben Jansen did not open the...

https://www.freightwaves.com/news/hapag-lloyd-ceo-we-are-probably-in-the-peak-of-the-problems

GA declarations retreat as clients await boxes from Maersk Elba and ONE Apus

MSC has advised its customers it had taken an “exceptional decision”: to cover the costs of repairs, following a fire onboard the 13,492 teu Maersk Elba at the end of December, in order to avoid General Average.
The carrier said it wanted “to avoid additional costs or delays” for its customers.
The 2011-built vessel, deployed on Maersk’s AE1 + TP1 and MSC’s Shogun + Pearl Asia-North Europe and transpacific loop within the …

The post GA declarations retreat as clients await boxes from Maersk Elba...

https://theloadstar.com/ga-declarations-retreat-as-clients-await-boxes-from-maersk-elba-and-one-apus/

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